Rio Tinto, the world's largest iron ore producer, expects shipments of the steel-making metal to reach up to 340 million tonnes in 2021.

Its main imports from Australia last year included iron ore and natural gas, which took up 70.6 percent of the total Chinese imports from Australia.

The latest data from the customs administration show, China imported 96.746 million tons of iron ore sand and its concentrate (iron ore, the same below) in December 2020, a monthly decrease of 1.404 million tons, a decline of 1.4%; imports reached $11.743 bill...

According to the latest data released by Brazilian customs, Brazil exported 342 million tons of iron ore in 2020, 9.4 million tons less than 2019, down 2.7%.

The global 1.8bn t/yr seaborne iron ore market is expected to remain in a supply deficit in early 2021.

Valin said on the interactive platform, like most steel companies are highly dependent on imported iron ore, about 90% of the company's iron ore comes from imports, mainly from Australia, Brazil, South Africa and other large mines, including Rio Tinto, Vale, F...

Standing on a sightseeing platform, Li looked out over the park and expressed optimism.

Rio Tinto has committed to invest $10 million with the world's largest steel producer China Baowu Steel Group over the next two years in low-carbon steelmaking projects and research, the company said.